arjunisme

BITCOIN- SHORT TILL 8.1, LONG FROM 8.1

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BITMEX:XBTUSD.P   Bitcoin
The supply zone from 9075-9.8 k was once already tested before , so expected the price to go deeper into this zone the second time. The next relevant demand zone on the daily is 7.8 to 8.1 k where the previous supply zone was taken out by price. Will look for long opportunities here till 9.2 where the price might find big swing low resistance again. expect a little interim bounce from 8.4 from the 4 hour demand zone, but better opportunity awaits lower at 8.1 k

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